Futures slip after strong gains on Wall Street

Published by
Reuters

(Reuters) – U.S. stock index futures edged lower on Wednesday after sharp gains on Wall Street in the previous session as investors assessed better-than-expected earnings reports against the backdrop of a gloomy economic outlook. Fresh uncertainties stemming from the war in Ukraine also weighed on sentiment. Russian forces shelled eastern and southern Ukraine on Wednesday, according to reports, after Washington said it saw signs Moscow was preparing to formally annex territory it has seized during nearly five months of war. Netflix Inc’s shares jumped 6.4% premarket after it predicted it would…

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